30 Jul 2024 | 13:50 UTC

Platts clarifies dimensions specified for Turkey, Europe, Brazil, East Asia Ferrous Scrap assessments

Platts, part of S&P Global Commodity Insights, would like to clarify that the dimensions specified for its Brazilian domestic FOT Clean Scrap, Brazilian domestic FOT HMS 1/2 and CFR East Asia HMS 1/2 80:20 assessments, as well as its Turkish import HMS 1/2 (80:20) and HMS 1/2 (75:25) assessments, its European FOB Rotterdam shredded and domestic shredded scrap assessments, and its UK domestic shredded and OA scrap assessments, are basis typical trading norms as observed in the market.

The dimensions for each assessment are listed in the table below:

Assessment Symbol Dimensions
Clean Steel Scrap FOT Brazil SE Dom Prod SB01046 ISRI 210-211
HMS 1/2 FOT Brazil SE Dom Prod SB01133 (Monthly Average: SBMAH03) ISRI 200-206
HMS 1/2 80:20 CFR East Asia SB01130 (Monthly Average: SBMAG03) ISRI 200-206
HMS 1/2 80:20 CFR Turkey TS01011 (Monthly average: TSMAK03, MTD: TS01049) ISRI 200-206
HMS 1/2 75:25 CFR Turkey FERED00 (Monthly average: FERED03, weekly average: FERDD04) ISRI 200-206
HMS 1/2 75:25 FOB Rotterdam FERDD00 (Monthly average: FERDD03, weekly average: FERDD04) ISRI 200-206
Grade OA Plate and Structural UK Dom Prod Dlvd Mill SB01170 (US dollar conversion monthly average: SBMAK03) ISRI 231-232
3B Shredded Scrap UK Dom Prod Dlvd Mill SB01004 ISRI 210-211
Shredded Scrap FOB Rotterdam Export SB01228 ISRI 210-211
Shredded Scrap N Europe Dom Prod Dlvd SB01227 (US dollar conversion: SBMAR03) ISRI 210-211
Shredded Scrap S Europe Dom Prod Dlvd SB01229 (US dollar conversion: SB01263) ISRI 210-211

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